Answered: 75 3 78 90 4 93 100 5 102 105 106 67…

75 3 78 90 4 93 100 5 102 105 106 67 108 111 34567 The marginal utility for consuming the 3rd unit of food is utility for consuming the 5th unit of drinks is and the margin

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter21: The Theory Of Consumer Choice

Section: Chapter Questions

Problem 13PA

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Question

TU
TU of
MU
Qfood
food
MU food MU/p
Drink
drinks
drinks
MU/p
0
0
1
30
2
55
3
75
956
90
100
012345
0
30
57
7
105
106
67
78
93
102
108
111
The marginal utility for consuming the 3rd unit of food is
utility for consuming the 5th unit of drinks is
?
and the margina
20; 9
75; 102
15;8
There is not enough information to tell
O What am I doing in this class? Why don t I know the answer to these? (This is an incorrect
answer)

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